Securitized Products Group - Development Risk Manager - Associate

Location: Chicago, IL, United States

Job Family: Client Management

About the Role

At JP Morgan Chase, we are committed to fostering inclusive communities through innovative financial solutions. As a Development Risk Manager - Associate in the Securitized Products Group, you will play a pivotal role in our Client Management team, driving investments in affordable housing via tax credit equity. Based in our Chicago, IL office, this position offers the opportunity to contribute to meaningful social impact while managing risks in a dynamic portfolio of securitized assets. You will work closely with clients, investment teams, and risk professionals to evaluate and mitigate exposures in real estate-backed securities, ensuring alignment with our firm's high standards of integrity and innovation in the financial services industry. Your core responsibilities will include developing robust risk frameworks for tax credit equity deals, particularly those supporting Low-Income Housing Tax Credits (LIHTC) and other affordable housing initiatives. You will perform in-depth analyses of market conditions, credit profiles, and regulatory landscapes to safeguard investments that promote economic mobility. Collaborating across JP Morgan Chase's global network, you will provide actionable insights to senior leaders, helping to structure deals that balance profitability with community benefits. This role demands a keen eye for detail and the ability to navigate complex financial instruments in a rapidly evolving sector. Joining JP Morgan Chase means becoming part of a world-class institution renowned for its leadership in investment banking and asset management. We value diverse perspectives and offer unparalleled resources for professional growth, including exposure to cutting-edge technologies and mentorship from industry experts. If you are passionate about leveraging financial expertise to address housing affordability challenges, this Associate-level position provides a platform to advance your career while making a tangible difference in communities across the United States.

Key Responsibilities

• Develop and implement risk management strategies for securitized products focused on affordable housing tax credit equity investments
• Conduct due diligence on investment opportunities, assessing credit, market, and operational risks
• Collaborate with client management teams to structure deals that align with JP Morgan Chase's commitment to community impact investing
• Monitor portfolio performance and provide risk reporting to senior stakeholders and regulatory bodies
• Analyze market trends in securitized products and advise on hedging strategies to mitigate risks
• Support the origination and syndication of tax credit equity deals, ensuring compliance with federal housing programs
• Partner with cross-functional teams, including legal, compliance, and investment banking, to drive impactful investments
• Identify emerging risks in affordable housing markets and recommend mitigation tactics
• Contribute to the development of innovative financial products that promote sustainable housing solutions

Required Qualifications

• Bachelor's degree in Finance, Economics, Business Administration, or a related field
• Minimum of 3-5 years of experience in risk management, investment analysis, or financial services, preferably in securitized products or real estate finance
• Strong understanding of tax credit equity investments, particularly Low-Income Housing Tax Credits (LIHTC)
• Proficiency in financial modeling, valuation techniques, and risk assessment methodologies
• Experience with regulatory compliance in the financial services industry, including SEC and banking regulations
• Ability to analyze complex investment portfolios and identify potential risks in affordable housing initiatives

Preferred Qualifications

• Advanced degree (MBA or Master's in Finance) with a focus on real estate or sustainable investments
• Prior experience at a major financial institution like JP Morgan Chase in the Securitized Products Group
• Knowledge of ESG (Environmental, Social, and Governance) investing principles applied to affordable housing
• Certification such as CFA (Chartered Financial Analyst) or FRM (Financial Risk Manager)

Required Skills

• Financial modeling and Excel proficiency
• Risk assessment and quantitative analysis
• Knowledge of securitized products and derivatives
• Understanding of tax credit equity and LIHTC programs
• Regulatory compliance and reporting
• Data analytics using tools like SQL or Python
• Strong communication and presentation skills
• Project management and stakeholder collaboration
• Attention to detail and problem-solving
• Adaptability in fast-paced financial environments
• ESG and sustainable investing principles
• Credit analysis and portfolio monitoring
• Negotiation and deal structuring
• Market research and trend forecasting
• Team leadership and mentoring abilities

Benefits

• Competitive base salary and performance-based annual bonus
• Comprehensive health, dental, and vision insurance plans
• 401(k) retirement savings plan with generous company matching
• Paid time off, including vacation, sick days, and parental leave
• Professional development opportunities, such as tuition reimbursement and access to internal training programs
• Employee stock purchase plan and financial wellness resources
• Wellness programs including gym memberships and mental health support
• Hybrid work flexibility and relocation assistance for eligible roles

JP Morgan Chase is an equal opportunity employer.